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Today, I checked out a certain whale’s on-chain address again. Besides the 1,023 BNB just sitting there, the wallet is also stuffed with a random assortment of tokens worth $2.67 million.
The most eye-catching one is a meme coin called $WM, which makes up the majority of the holdings. Looking back at the transaction history, I found that over a month ago, the project team directly airdropped 40% of the total supply to him—now that’s a bold move.
As expected, wealthy addresses never lack “get-rich” opportunities delivered right to their doorsteps. I haven’t even seen a shadow of a 0.4% airdrop over here, let alone 40%. Sometimes I wonder if you have to prove your asset strength on-chain first to even be noticed by project teams.